Active User Base of the company grows to over three million
1st October, 2021: Entrepreneur and venture capitalist Dr. Sashi Reddi has been appointed as the Chairman of IndianMoney.com effective September 2021. IndianMoney.com is India’s leading provider of financial and livelihood education, with over 3 million active users.
Speaking on the development, C S Sudheer, Founder and CEO of IndianMoney.com stated “Under the leadership of Dr. Sashi Reddi, we will be able to achieve the next phase of growth. It is a proud and exciting moment for us and we look forward to working under his guidance. He has been the guiding force behind the Financial Freedom App – India’s first and largest digital platform for financial and livelihood education”.
Dr. Sashi Reddi, Chairman, IndianMoney said, “IndianMoney.com provides a service that is just not available anywhere in India or even much of the world. We teach people how to increase their livelihood by showing them how to build businesses in various domains like goat farming, floriculture, baking, etc. These are the skills and the knowledge that people need in order to thrive in a developing economy. It gives me enormous joy to join a company that is focused on building a stronger Bharat and working with a visionary entrepreneur like Sudheer.”
SRI Capital led a Series A round in IndianMoney.com. Previous investors in the company were Hyderabad Angels.
About Dr. Sashi Reddi
Dr. Sashi Reddi is an entrepreneur, venture capitalist and a philanthropist. Sashi was the founder and CEO of AppLabs, a software testing company based out of Philadelphia, which was acquired by Computer Sciences Corporation (now NYSE: DXC) in 2011. He founded 3 other companies in technology and gaming over his career. Currently, Dr. Sashi Reddi is a managing partner at SRI Capital, a Philadelphia based venture capital fund focused on early stage technology companies. He is also a venture advisor to West Bridge Capital.
Dr. Sashi Reddi has a BTech in Computer Science from IIT Delhi, an MS also in Computer Science from NYU and a PhD in Operations and Information Management from University of Pennsylvania – The Wharton School.